When it comes to cryptocurrency and tax, there are key points you’ll need to understand if you want to avoid falling foul of the ATO. In this article, we explore what you should expect from a tax perspective if you’re dabbling in the world of crypto. There seems to be a misconception that cryptocurrencies such…
If you are expecting leniency around super guarantee payments in these challenging times, we’re sorry to be the bearer of bad news! The penalties for failing to pay employee super on time and in full are now heftier than ever. Here’s what you need to know if you’ve paid late or not at all –…
As your business grows, budgets and projections are needed for understanding your financial viability, but it’s also important to consider ‘worst case scenarios’ that could disrupt your operations. This is why business continuity planning is invaluable, particularly as we navigate ‘the new normal’. While it’s difficult to predict every scenario (the last two years have…
Dealing with distractions at work is always challenging. Add in unsettling news headlines, ever-changing restrictions, and you’ve probably been finding it more difficult than ever to stay focused. When you’re operating a business, you can’t afford to let distractions derail your purpose, productivity and indeed, your profitability. Here, we look at steps you can take…
“Ideas are useless unless used. The proof of their value is in their implementation. Until then, they are in limbo.” So said Theodore Levitt way back in 1974 in his book, Marketing for business growth. What remains just as relevant today is the understanding that there’s a world of difference between having a plan and…
2020 will be here before we know it and then it’s just six months until the end of financial year. Have you thought about what you’ll do differently in the new year, when you return to work after the summer break?
In our experience, poor time management is very often a symptom of poor planning. If you begin each day without a plan you’re likely to jump from random task to random task.
If you make a point of always saying “Yes”, there’s a real danger that someone else’s disorganisation becomes one more job on your to-do list.
‘Vision without implementation is hallucination.’ Meetings are an important tool for bringing your business vision into being. But recent research shows that most employees say they waste more than 30 hours a month in meetings. Nearly 40% admit to falling asleep; more than 70% admit to doing other work; and over 90% admit to daydreaming.…
Did you know that 30% of employees’ time is spent trying to find lost documents? That’s 72 days a year! Executives are no better – they spend 6 weeks a year looking for lost documents. ‘Messy desk syndrome’ and ‘random stack technology’ are alive and well, it seems. And represent an important obstacle to your…